Quantum computing is a technology that’s coming quicker than most expect, and it could cause some industry stocks to skyrocket, outperforming big tech by a wide margin over the next few years.
If that’s the case, then investors would be smart to start scooping up some quantum computing stocks now, and one that’s massively on sale is IonQ (NYSE: IONQ)
IonQ is generally recognized as a leader in quantum computing and has taken a unique approach that has attracted several clients recently. This makes IonQ a smart stock pick for the quantum revolution, and it could lead to incredible returns over the next few years. IonQ is rapidly expanding The quantum computing field is still fairly immature, and several approaches are being pursued to determine which is the best option.
The most popular is superconducting, which involves cooling a chamber containing a particle to nearly absolute zero, then using its quantum mechanics for calculations. IonQ is taking a slightly different approach: It uses a laser to pinpoint and cool a particle, then an electromagnetic trap to perform quantum computing. One of the major problems with quantum computing is that it isn’t as accurate as traditional computing, and errors can compound, wrecking calculations.